It seems like everyone is an expert when it comes to the Oscars 2014. Whether it is who will win the Academy Award for Best Picture or Best Actor, which movie is the favorite to win the most awards or which film got snubbed from the nominations, there is plenty of speculation and oddsmakers have weighed in on who they think will win on March 2.

Oscars 2014 betting lines have been set up at Paddy Power, Bovada and other bookmakers. There are the obvious categories as well as some interesting prop bets for those looking to wager on multiple outcomes.

For the night's biggest award, Best Picture, "12 Years a Slave" is a heavy favorite with "Gravity" right behind it. Paddy Power has "12 Years a Slave" at 1/6 odds, meaning a $2 bet will yield $2.37, and other oddsmakers have similar odds, with the best odds around the Internet at 2/7, according to OddsChecker. To date, "12 Years a Slave" has won Best Film at BAFTA 2014 and the Best Motion Picture at the Golden Globes. "Gravity" has 7/2 odds at Paddy Power and the best odds are 4/1 odds.

For those looking for an underdog, "American Hustle" has 12/1 to 19/1 odds while "Dallas Buyers Club" has 12/1 to 40/1 odds. "The Wolf of Wall Street," "Her," "Captain Phillips," "Philomena" and "Nebraska" are all heavy underdogs with Paddy Power pegging "Wolf" at 50/1 odds and the other four Best Picture nominees at 200/1 odds.

Oddsmakers seem to be in agreement when it comes to the Oscars 2014 Best Director category. Alfonso Cuaron has won the Best Director award, or its equivalent, at BAFTA 2014, the Golden Globes and the DGA Awards for "Gravity" and the oddsmakers expect to hear his name announced on Sunday. The best odds for Cuaron are at 1/16, a $2 bet yields $2.12, according to OddsChecker. Steve McQueen ("12 Years a Slave") is a distant second followed by David O. Russell ("American Hustle"), Martin Scorsese ("The Wolf of Wall Street") and Alexander Payne ("Nebraska").

The Oscars 2014 Best Acting categories all feature tight races, according to the betting lines. Best Actor is the most intriguing category and features a three-man race at the top. Matthew McConaughey ("Dallas Buyers Club") the favorite following wins at the Golden Globes and the Screen Actors Guild but there is plenty of action on Leonardo DiCaprio ("The Wolf of Wall Street") while Chiwetel Ejiofor ("12 Years a Slave") falling behind.

Best Actress is a bit clearer with Cate Blanchett ("Blue Jasmine") the favorite but there can be some interesting bets as oddsmakers seem split on Sandra Bullock ("Gravity") and Amy Adams ("American Hustle") battling for second place. Best Supporting Actor and Best Supporting Actress also feature heavy favorites with Jared Leto ("Dallas Buyers Club") and Lupita Nyong'o ("12 Years a Slave") are expected to win on Sunday.

For those looking for more interesting Oscars 2014 bets, there are several prop bets to choose from. Bovado has a few including the total Oscar wins for Gravity, if the same film will win Best Picture and Best Director and an over/under on the total viewing audience for the Oscars 2014.

Oscars 2014 will air on March 12 at 7 p.m. EST on ABC.